Question: 1 Normal ** .. No Space A..A Styles Font Paragraph Title: UmbiSling Season 8 Episode 5 Length 7:30 1. Tara and Cbaunstin Fung, a brother

1 Normal ** .. No Space A.".A Styles Font

1 Normal ** .. No Space A.".A Styles Font Paragraph Title: UmbiSling Season 8 Episode 5 Length 7:30 1. Tara and Cbaunstin Fung, a brother sister team from Montreal, appear to have a solid knowledge-base in technology and design. How would you assess their entrepreneurial skills? 2. Have Tara and Chaunstin conducted market research? Tara speculates on market potential Does she have a realistic view of market share? 3. After a personal investment of $500,000 and five years of development time, Tara and Chaunstin Fung are looking for help to launch the product. What is the danger of a "build it and they will come" mentality? Is cash flow a problem? 4. The Umbi Sling's patented features are impressive; does the design warrant a price tag of $50 to $902 5. What measures for quality control exist along the value-supply chain for Umbi Sling? 6. Tara and Chaunstin Fung are asking $300,000 for 20% of the business. What do the Dragons say about this valuation? 7. How would a business plan have assisted the Fungs in the design and launch of this product? | 0 1 o p 1 Normal ** .. No Space A.".A Styles Font Paragraph Title: UmbiSling Season 8 Episode 5 Length 7:30 1. Tara and Cbaunstin Fung, a brother sister team from Montreal, appear to have a solid knowledge-base in technology and design. How would you assess their entrepreneurial skills? 2. Have Tara and Chaunstin conducted market research? Tara speculates on market potential Does she have a realistic view of market share? 3. After a personal investment of $500,000 and five years of development time, Tara and Chaunstin Fung are looking for help to launch the product. What is the danger of a "build it and they will come" mentality? Is cash flow a problem? 4. The Umbi Sling's patented features are impressive; does the design warrant a price tag of $50 to $902 5. What measures for quality control exist along the value-supply chain for Umbi Sling? 6. Tara and Chaunstin Fung are asking $300,000 for 20% of the business. What do the Dragons say about this valuation? 7. How would a business plan have assisted the Fungs in the design and launch of this product? | 0 1 o p

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